British race car makers Lola have commenced a major evaluation project aimed at developing a car to compete in the 2010 FIA Formula One World Championship and could formally lodge an entry within the next few weeks. It follows March’s confirmation of FIA plans to introduce of a ‘cost capping’ option to teams next year.
Lola’s previous Formula One involvement dates from the 1960s through to the late ‘90s and now the Huntingdon-based company is in discussions with a number of parties with a view to designing, manufacturing and developing a new F1 car, subject to final confirmation of the 2010 regulations… Details